and its aftermath. Trading revenue for 2020 reached a 10-year high.
The $4.51 billion in fourth-quarter profit that the Wall Street firm reported on Tuesday, or $12.08 per share, was more than double Goldman’s profit from the same quarter a year earlier. Both quarterly net income and quarterly revenue of $11.74 billion were much better than the expectations of analysts polled by FactSet, who forecast profit of $7.39 a share on revenue of $9.99 billion.. Markets plunged and economic activity declined in the spring as the coronavirus spread across the country.
Thanks to bernardolezka for turning my investment of $1,000 into mind blowing profit of $6,000 I'm grateful for your good job sir🙏🙏
lexhoogduin Is there something productive here with the Fed backstopping all the risk?
You just can’t help but wonder if the banks and Amazon can’t develop their own relief package
How Goldman Sachs generated $44.56 billion Why no one talks about 30+ millions Americans unemployed. So many needs too suffer to satisfy darkest fantasies of so few.
Of course they did..meanwhile small businesses failing everywhere. Same ole shit..rich get richer and the poor gets poorer.
Bailouts sure are lucrative for the banks... 🙄
Disgusting. Fake economy. Degenerate gamblers have destroyed the U.S. - Weimar Republic 2.0.
And I wonder just how much of their I’ll-gotten gains did they divested to charitable causes?
MrStockBot Can you show me a chart of $GS?
Was it the most they made since the government loaned them enough $ so they wouldn't go out of business? Is that the year they had a terrible loss but still gave out huge bonuses to their executives? Asking for a friend.
I would NEVER trust the legitimacy of anything done by Goldman Sachs. Especially after their role in 1MDB.
Good. President Biden will need lots of money to get his infrastructure plan going. Glad to hear Goldman Sachs will do its part once they pay their fair share.
Yes!!! So happy for them!!!! 🙄
Bracing myself for that trickle down action.
Didn’t they get bailed out in 2009 as well
When we bailed them out.